News
Headline inflation to reach 5% in 2023: Standard Chartered
Core inflation will reach 4.4% for the year.
‘Hub-and-spoke’ office model gains traction in APAC
Markets in the region except Australia are practising remote working.
FinTech firm Pilon raises $6.88m in seed round
The fund will be used to improve its product offerings and operation expansion.
Mapletree Logistics Trust posts 1.9% DPU growth in Q3
DPU stood at 2.227 cents on an enlarged unit base.
Suntec REIT's distributable income rises 3.4% YoY to $255.5m in FY22
The increase also pushed distribution per unit up to $0.08884.
Prime retail spaces in Orchard Road to sustain rental growth in 2023
EDMUND TIE expects the sector to post a full-year rental growth of 7%-9%.
SingPost to dilute interest in Chinese logistics company
The postal service company holds a 19.75% stake in the latter through its subsidiary.
State land within HDB derivatives to be moved to SLA
It takes effect on 1 March 2023.
Chip Eng Seng’s closing date prolonged
The bourse filing showed that the closing date of the offer is on 2 February.
Dasin Retail Trust reveals demand letter from Luso Bank regarding loan facility
The trust is in discussions to extend the deadline of the loans.
Rising interest rates a major concern for property investors in 2023
Asking help from bank lenders will be challenging this year.
Multifamily properties to have strong, stable income potential: Savills
It presents investment opportunities amidst macroeconomic headwinds.
GuocoLand attributable drops by 13% in first half
This is despite a 46% revenue growth.
S-REITs underperforming due to interest rates, inflation: CGS-CIMB
The FSTREI declined 16% year-to-date.
Daily Markets Briefing: STI down 0.41%; top stock is DFI Retail Group
DFI Retail Group is the outperformer.
53% of APAC CEOs believe their business models will not survive within the next decade
Asia Pacific CEOs eye three changes in their business models.